Final answer:
Accountants typically perform the economic feasibility analysis, which includes evaluating a project's cost and potential economic benefits. This task is fundamental to ensuring the financial viability of a project and is a key component of a detailed design.
Step-by-step explanation:
The design feasibility area typically performed by accountants is economic feasibility. Economic feasibility involves a cost-benefit analysis to evaluate a project's potential economic benefits in comparison to its costs.
Accountants play a key role in this process by analyzing financial data, determining the project's financial viability, and projecting future economic outcomes.
It encompasses tasks such as calculating the return on investment (ROI), payback periods, and the net present value (NPV) of the project.
Other areas of design feasibility, such as organizational, hardware, schedule, and social feasibilities, are usually performed by professionals with different expertise.
For instance, IT professionals may assess hardware feasibility, project managers may look into schedule feasibility, and human resource specialists may evaluate organizational and social aspects.
As part of a detailed design, economic feasibility is crucial.
A detailed design includes a market analysis, which can establish the project's potential for success in the current market, and the shapes and dimensions of all physical components, which can impact the cost and production process.